Investment Metrics, a Norwalk provider of analytics, reporting, data and benchmarking solutions for the institutional investment market, has been acquired by Confluence Technologies Inc. for $500 million.
Based in Atlanta, Confluence is a software and data solutions provider serving the investment management industry. Confluence is backed by Clearlake Capital Group L.P. and TA Associates while Investment Metrics is a portfolio company of Resurgens Technology Partners, a software-focused private equity firm that acquired the company in 2017.
“The product, customer and global market expansion we”™ve experienced during our partnership with Resurgens have cemented Investment Metrics”™ leading position in the global investment technology ecosystem,” said Investment Metrics”™ founder and Chief Strategy Officer Sanjoy Chatterjee. “Resurgens orchestrated and helped integrate two strategic acquisitions, which changed the trajectory of our company.”
